• Absorption costing is a managerial accounting cost method of capturing all costs associated with manufacturing a particular product to include in its cost base.


    Absorption Costing meaning & definition 1 of Absorption Costing.


  • a method of calculating the cost of a product where all fixed costs (= costs that are the same each month) are included

    Absorption Costing meaning & definition 2 of Absorption Costing.

Similar Words

What is Define Dictionary Meaning?

Define Dictionary Meaning is an easy to use platform where anyone can create and share short informal definition of any word.
Best thing is, its free and you can even contribute without creating an account.



This page shows you usage and meanings of Absorption Costing around the world.